Japan lost decade came later than you think. “Why did Japan stagnate starting in 2008? It’s not clear. Potential culprits include the global financial crisis, the big earthquake and nuclear accident of 2011, the subsequent shutdown of nuclear power, rapid… Read More »I want the Japanese future back!
Sometimes charging less means you make more. “There’s probably some rich guy out there who would be willing to pay $10,000 to see a Xavier basketball game, especially if Jay Wright came out of retirement for the Muskies to play… Read More »College Sports is Now Just a Monopoly with First-Degree Price Discrimination and a Labor Market with Lopsided Bargaining Power
This is a paradigm shift. “it’s precisely because everyone can access the Internet that there is an abundance of content, far too much for anyone to consume; this gives power to Aggregators who sort that content on consumers’ behalf, delivering… Read More »Netflix and the Hollywood End Game
And many people died building it (as most shit in the history).
And what we can do about it.
Slovakia is on the same trajectory but from a worse baseline.
Let’s get weird. “Science requires deviant thinking. So it’s no wonder that, as we see a decline in deviance everywhere else, we’re also seeing a decline in the rate of scientific progress. New ideas are less and less likely to… Read More »The Decline of Deviance
You cannot win a war without strong economy. “Because Sparta produced so little of value, the Spartan state simply lacked the funds to supplement its operational capabilities. It could not afford foreign siege engineers or experts (an increasingly dire liability… Read More »Collections: This. Isn’t. Sparta. Part VII: Spartan Ends
Paradoxically, this has lead to their downfall. “First, we need to reiterate that a ‘poor’ spartiate was still quite well off compared to the average citizen in many Greek poleis – we talk about ‘poor’ spartiates the same way we… Read More »Collections: This. Isn’t. Sparta. Part IV: Spartan Wealth
Poor people are often extremely clever. “peasants, male and female, are canny survivors, not idiots, and they plan for these things (seriously, far too many of my students seem to instinctively fall into the trap of assuming serfs, peasants, etc.… Read More »Collections: This. Isn’t. Sparta. Part III: Spartan Women